Will oil prices rebound in 2016?

Oilprice.com recently spoke with Carl Larry, director of oil and gas at Frost & Sullivan, a consultancy that conducts research on oil and gas markets, to get his thoughts on the state of oil in 2016.

Oilprice.com: I saw that you were on Bloomberg in December, and you said that you thought oil would go to the low US$30s per barrel, which was a good call at the time, before Opec would sort of relent. Do you see any chance that Opec can actually coordinate any production cuts?

Carl Larry: No, you know, at this point I think that there is something to consider . . . that up until now most people had thought that the Saudis …